U.S. Debt Default: How Would It Affect You?

Everyone is talking about the debt ceiling, and what could happen if the U.S. begins defaulting on its debt. Right now, the government isn’t supposed to get into debt further — the amount that the U.S. can borrow, by law, has been reached. Of course, in...

What is a Fiat Money?

Earlier this month, Utah legislators passed a bill that would make gold and silver coins minted by the government legal tender in the state. Right now, even though the government puts out coins like the gold buffalo, it is considered an asset. It only works at face...